Since the 2013 energy reform, investors have found a range of opportunities in Mexico’s liberalised downstream energy sector. The new regulatory framework opened up former state-owned petrol stations to private operators and, more recently, has offered services companies the chance to be involved in the programme to upgrade the country’s refineries.
Articles & Analysis | Mexico's plans to upgrade existing new oil refineries and build a new facility from The Report: Mexico 2019
Articles & Analysis | As costs decline, renewable sources are seeing an inexorable rise, particularly among developing economies from The Report: Mexico 2019
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies has historically been led by...
Articles & Analysis | Fuel storage capacity set to increase as natural gas distribution networks grow in Mexico from The Report: Mexico 2019
In addition to growing the transport network, increasing storage capacity and addressing fuel theft are priorities in the midstream energy segment. To this end, since the 2013 energy reform the government has commissioned work by companies such as Canadian firms TC Energy and ATCO to expand the natural gas network to keep up with rising demand and supply deficits in the south...
Articles & Analysis | Mexico's manufacturing sector readies for Industry 4.0 from The Report: Mexico 2019
A number of factors bode well for Mexico’s industrial sector. Cheap labour costs, proximity to the US market and improving human resources have attracted global firms. Additionally, as trade tensions between the US and China show no signs of abating, multinationals are now looking to move manufacturing to Mexico in order to maintain ties to the US market and avoid additional...
Articles & Analysis | Support for small and medium-sized enterprises key to sustainable growth in mining from The Report: Mexico 2019
Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic diversification and resilience,...
Interviews & Viewpoints | Francisco Cervantes, President, National Confederation of Industry Chambers: Interview from The Report: Mexico 2019
How can the National Development Plan (Plan Nacional de Desarollo, PND) 2019-24 improve industrial productivity and competitiveness in Mexico?